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359 Mercedes Avenue #A & B, Panama City, FL 32401
$425,000
359 Mercedes Avenue #A & B, Panama City, FL 32401View this property at 359 Mercedes Avenue #A & B, Panama City, FL 32401
359 Mercedes Avenue #A & BPanama CityFL32401
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Property Description
Discover the perfect investment opportunity located in The Cove at 359 Mercedes Ave, Panama City, FL 32401. This multi-family gem features a total of 4 bedrooms and 4 bathrooms spread across 2,146 square feet of living space. This home is perfect for the savvy investor to live on one side and rent the other side.The main house offers 3 bedrooms and 3 bathrooms, showcasing stunning water views of Watson Bayou for a serene coastal ambiance. Adjacent to the main residence is an attached apartment or Mother-in-Law suite, complete with 1 bedroom, 1 bathroom, a kitchen, laundry facilities, a closet, and separate access, along with its own parking and yard space.Located in a highly desirable area, this property boasts proximity to key amenities, including Ascension Sacred Heart Hospital just 2 minutes away, Downtown Panama City a mere 5-minute drive, and the shopping districts of Panama City reachable in less than 10 minutes. Plus, Panama City Beach is a quick 20-minute drive for endless beachside enjoyment.Don't miss out on this exceptional opportunity to invest in a prime location with endless potential. Seize the moment and schedule your viewing today before it's gone!
Full Property Details
Full Property Details for 359 Mercedes Ave #A & B
General
- Price: $425,000
- Taxes: $3,411 (2023)
- Status: Active
- Type: Duplex
- MLS ID: 756377
- Updated: 5/18/2024
- Added to Site: 21 day(s) ago
Interior
- Interior Features: Fireplace
- Fireplace: Yes
- Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Stacked
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Storm/Security Shutters
Parking
- Covered Spaces: 1
- Parking Features: Additional Parking, Alley Access, Covered, Driveway, Electric Vehicle Charging Station(s)
Location
- County: Bay
- Subdivision: Sudduths 4th Add
- Driving Directions: from US HWY 98 turn Right on E Fourth Street and drive 100 yards. Turn Left onto Mercedes Ave and drive 1/8 of a mile. The Listing will be on the right
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Multi Units
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Utility Description: Cable Connected, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Construction: Stucco
- Roof: Composition, Shingle
- Square Feet: 2,146
- Sq. Ft. Source: Appraiser
- Living Area: 2,146 Sq. Ft.
- Year Built: 1990
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Bayou
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,492
- Lot Dimensions: 50 x 150
- Frontage: City Street, Paved
- Zoning: Resid Multi-Family
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $3,411
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: SUDDUTH'S 4TH ADD LOT 26 BLK 60 ORB 4233 P 126
- Property ID: 21230-040-000
- Block: 60
- Lot Number: 26
Listed by Century 21 BE3
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Schools
Schools serving 359 Mercedes Ave #A & B
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1125 Cherry St, Panama City, FL 32401 | PK-5 | 0.6 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 1.6 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 359 Mercedes Ave #A & B
Date
Details
Price
Change
Source
4/30/2024
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 359 Mercedes Ave #A & B
359 Mercedes Avenue #A & B, Panama City, FL 32401 (MLS# 756377) is a Duplex property with 4 bedrooms and 4 full bathrooms. 359 Mercedes Avenue #A & B is currently listed for $425,000 and was received on April 30, 2024. Want to learn more about 359 Mercedes Avenue #A & B? Do you have questions about finding other Duplex real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.